Onix Renewable Achieves 156% Growth, Expands Clean Energy Projects in India gcdmagazine
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Green Updates 31 Oct 2025

Onix Renewable Reports 156% Revenue Growth, Strengthens India’s Clean Energy Footprint

Onix Renewable Ltd, a leading player in India’s renewable energy sector, reported outstanding financial results for FY 2024-25, driven by operational excellence and strategic expansion. Total revenue surged 155.8% to ₹1,001.3 crore, EBITDA reached ₹164.45 crore, and net profit grew 190.7% to ₹153.46 crore. The company made significant progress in solar, wind, and hybrid projects, particularly in Gujarat, Maharashtra, and Rajasthan, under initiatives like PM-KUSUM and Solar-Wind Hybrid programs. Onix also embraced digital transformation with AI-based monitoring and smart data systems for real-time performance and safety management. CMD Divyesh Savaliya attributed the success to innovation, sustainability, and community engagement. Aligned with UN SDGs, Onix reduced its carbon footprint and increased local employment. Looking ahead to FY 2025-26, the company plans to expand hybrid and storage-based projects, further accelerating India’s journey toward a net-zero future.

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